Overview
- The stock opened at ¥205 versus a ¥150 reference and climbed as high as ¥210 before trading around ¥201.6 by 10:30 a.m. in Tokyo.
- Heavy buy orders left the shares untraded at the start, with the first transaction crossing at 10:13 a.m.
- Sony distributed Sony Financial shares to its investors as dividends in kind, finalizing the separation of the banking and insurance unit.
- Sony Financial announced a share repurchase of up to ¥100 billion following the market debut.
- Sony Group is refocusing on entertainment across games, films and music, and on sustaining its lead in image sensors.